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Cuyahoga County, OH

Cleveland

RANK #333 / 996 NAT  ·  #33 / 49 OH  ·  POP 1,256,620

1YR FORECAST: +1.9%

5YR OUTLOOK: +28%

#16 Most Undervalued
Our model projects above-average housing market growth for Cuyahoga County at +1.9% over the next year.

[01] Why Cuyahoga County?

Shaker Heights, a planned community known for its architecture and green spaces, offers a distinctive entry point to Cuyahoga County. Located in Northeast Ohio, the county is anchored by Cleveland and sits along the southern shore of Lake Erie. Commutes to downtown Cleveland are generally short, with public transit options available. The community feel varies across the county's diverse towns, from urban neighborhoods to lakeside communities like Bay Village. Outdoor recreation is a significant draw, with the Cleveland Metroparks' "Emerald Necklace" offering trails and waterfalls, and a portion of Cuyahoga Valley National Park providing extensive opportunities for hiking, biking, and paddling.

Life in the county offers a mix of urban amenities and suburban living. Many residents own their homes, and the county features numerous parks, restaurants, and coffee shops. Educational opportunities are available through various public school districts, including those in Bay Village, Shaker Heights, and Solon. The economy is undergoing a transition from its manufacturing past to a knowledge-based economy, with a focus on sectors like technology, advanced manufacturing, and healthcare innovation. Major institutions like the Cleveland Clinic contribute to the region's standing in medical research. Efforts are underway to foster private-sector job growth and ensure equitable economic opportunities across the county's diverse communities.

[02] Market Snapshot

Housing Ratio
2.0x

Undervalued relative to economy

GDP Growth
+1.5%

Below national median

Home Prices
+4.8%

Outpacing national median

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 2.0x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Cleveland Clinic Healthcare
    50,000+
  2. 2
    University Hospitals Healthcare
    25,000+
  3. 3
    Amazon Logistics
    10,000+
  4. 4
    Progressive Insurance Finance
    5,000+
  5. 5
    Cuyahoga County Government
  6. 6
    Cleveland Metropolitan School District Education
  7. 7
    City of Cleveland Government
  8. 8
    Oracle Technology
  9. 9
    KeyBank Finance
  10. 10
    Sherwin-Williams Manufacturing
    1,000+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Cuyahoga County U.S. National

The Numbers

DEMOGRAPHICS
Population
1,256,620
-0.56% YoY
Median Household Income
$60,074
Median Home Value
$168,700
+4.76% 12mo
Median Rent
$952
Average Annual Pay
$75,134
+5.0% YoY
Employment
705,152
+0.2% YoY
Income-to-Home-Value
0.3561
More affordable than average
Migration Inflow
1.9%
of pop. from another state
Bachelor's Degree+
35.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$205,000
Days on Market
46
Moderate pace
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
97.6%
Negotiation room for buyers
Sold Above List
29.6%
Listings w/ Price Drops
22.0%
Building Permits (2024)
1,685
Single-Family Permits
663

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
15.8
per 100K · nat avg 6.3
Firearm Fatalities
21.7
per 100K · nat avg 14.8
Injury Deaths
111.0
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C
AIR QUALITY
GRADE
Median AQI (3yr)
56.0
Moderate
Good Air Days
32%
354 of 1,095 days
Unhealthy+ Days (3yr)
25
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
57
2022
54
2023
57
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$379M
TOTAL
PROJECT AMOUNT STATUS
Cuyahoga County Solar and Battery Storage Project
Cuyahoga County, City of Cleveland, City of Painesville
$129M Planned
I-90 Central Interchange Pavement and Bridge Replacements
Ohio Department of Transportation (ODOT)
$50M Under Construction
I-90 Major Rehabilitation (Hillard Blvd. and West Blvd.)
Ohio Department of Transportation (ODOT)
$50M Under Construction
H5 Data Centers Cleveland
H5 Data Centers
$50M Operating
Cuyahoga Generating Facility
Northeastern Power Systems
$50M Operating
700 Lake (Luxury Lakefront Residences)
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +1.5% 25 percentile
Population Growth -0.6% 10 percentile
Income Growth +9.0% 64 percentile
Vacancy Rate 1.3% 34 percentile
Home Price Change +4.8% 89 percentile
Rent Growth +4.7% 75 percentile
Price/Rent 10x 89 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Cuyahoga County, OH a good place to move to?

With a Boom Town Index score of 66/100, Cuyahoga County sits in the upper half of all 996 ranked counties. and median household income stands at $60,074 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in OH.

Is Cuyahoga County affordable?

By national standards, Cuyahoga County is quite affordable. Homes here have a median value of $168,700, and the income-to-home-value ratio of 0.36 is well above the U.S. average — especially with median rent at just $952/month. Residents can generally buy a home without being cost-burdened.

Is Cuyahoga County growing or shrinking?

Cuyahoga County is losing population (-0.6% YoY) while the job market is essentially flat (+0.2% employment change). Home values are +4.8% over the past 12 months. A slow-bleed pattern — not a collapse, but residents are leaving faster than employers are hiring.

Are many people relocating to Cuyahoga County?

Not particularly — 1.9% of Cuyahoga County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Union County, OH 65 Pickaway County, OH 68 Licking County, OH 64 Greene County, OH 69 Hamilton County, OH 62 Lake County, OH 62 DuPage County, IL 64 Marion County, IN 69